Macy’s vs. Backstage: An Identity Crisis of a Department Store

The Thanksgiving Parade. Vibrant holiday storefronts. The movie Miracle on 34 Street. Macy’s was the pinnacle for extravagance, tradition and shopping. Those days are over. In the 1920s, department stores were innovative and brought people in...

For GE, Power is Still at Forefront of Troubles

When Sharifa John got her first big job in 2003, she was a 21 year-old figuring out how to manage her finances. She hesitated when her father, a seasoned investor, suggested she take her extra income and put it in the stock market. Her father, a Coca Cola and General...

The Fall Of Macy’s, From Stylish Department Store to Discount Disaster

Liz Dunn was on vacation in East Hampton when she was invited to an impromptu business meeting. Away from her work wardrobe, she stopped at a Macy's in Commack, Long Island, to buy a basic pair of black heels. “The shoe department was pretty uninspiring,” said Dunn, a...

What will it take for Amazon to overtake Netflix? Money and lots of it

Jake Hanley canceled his Netflix subscription last year after his favorite shows, “King of the Hill” and “30 Rock," were removed from the service. The 22-year-old office assistant from San Jose exclusively uses Amazon Prime Video for his streaming needs now. “I think...

Tesla takes charge of its future

Sprawled across a parched landscape in Nevada, Tesla is constructing the most massive building in the world. The electric-car maker calls it the Gigafactory. And it’s already estimated to equal 35 Costco stores combined. The grand structure is meant to accelerate the...

“The Walking Dead” Won’t Be AMC’s Crown Jewel for Long, They Need to Look Ahead

In October, the cast of AMC’s “The Walking Dead” descended on the Comic-Con stage in New York to talk about the show’s eighth and current season. Eager fans lined the halls to see their favorite characters from the hit TV show and expressed excitement that the zombie...

With Amazon Behind the Wheel of the Delivery Truck, It Might Be a Wild Ride

About a year ago, Nick Sciullo noticed that Amazon had started to ship his packages through its in-house courier service, Amazon Logistics. That was a problem. Since he became a Prime member in 2006, Sciullo, 28, had never before had a reason to complain about...
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Netflix Can’t Chill Until Its Movies Are Cool

Roughly three hundred miles north of Hollywood, Netflix chief content officer Ted Sarandos and his team are eagerly flipping through movie scripts ranging from million-dollar indie films to multi-million-dollar mainstream flicks. They’re looking for Netflix’s new...

Protected: Harley-Davidson tries to rev-up sales with new demographic

        Tiffany Camhi rolls up to work on her motorcycle. Despite the eye-catching entrance Camhi makes each day, the northern California resident prefers smaller motorcycles. Her 1983 Yamahi Vergo XV500 is less in-your-face than iconic brands like...

Late and lacking: Blue Apron expands aggressively but struggles to deliver

For Brianna Ahearn, 35, a copy writer who works at home in Cincinnati, time means money. “It’s a self-employed household, so having something ready to eat is valuable because my time is valuable,” said Ahearn. A loyal customer of the meal-kit delivery service Blue...
Boeing’s meteoric rise expected to continue

Boeing’s meteoric rise expected to continue

Boeing has enjoyed sky-high stock prices this year, and the aerospace and defense company is showing no signs of landing soon. The company is expected to deliver on cash flow and revenues mostly through its production of commercial airplanes. It's 737 and 787 lines...

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Paying Your Way to a More Secure Future

Paying Your Way to a More Secure Future

Following the two largest data breaches in history, Yahoo and Equifax took steps to pacify the situation. But the measures a company helps you take following a breach – however effective in controlling the company’s image – are never enough to protect your...

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New tech IPOs just got worse. Here’s why.

New tech IPOs just got worse. Here’s why.

Since the messaging service Snap went public in March 2017, its stock price has declined by 78 percent. The story is even worse for Blue Apron, the meal-kit startup, whose shares have plunged 46 percent since its IPO in June. Even though the stock of Roku, a streaming...

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Amazon’s Key to Growth Is in the Warehouse

Amazon’s Key to Growth Is in the Warehouse

As Amazon’s stock price continues to rise, so does its footprint. The company is on a multi-year spree of new warehouses that will help deliver more items to more customers faster. The company currently is on track to break 100 million square feet of warehouse space...

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Weaker Dollar Pushes Boeing Stocks Higher

Weaker Dollar Pushes Boeing Stocks Higher

Boeing shares could soon soar even higher on a weaker US dollar. The airline behemoth has been pushing into sky-high territory with earnings through the roof for most of the year. Boeing shares have risen 56 percent since the beginning of the year, and it just hit an...

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Investment Journal

Welcome to Investment Journal, a site covering the world of business right from Times Square. The site is produced by reporters at the New York City News Service and the CUNY Graduate School of Journalism. Email your comments to greg.david@journalism.cuny.edu.